OECD countries agree to extend support for ‘climate-friendly’ projects. But vague definitions and inclusion of contested activities worry campaigners.
Donor countries mobilised $78.9 billion of climate aid in 2018, but developing nations are expected to pay back nearly three quarters of the money
ANALYSIS: The rich say they’re coughing up, the poor say they’re not getting enough, emerging economies are kicking off. Who’s right?
NEWS: Hidden subsidy for dirty power plants will be eliminated, as Japan, Australia and South Korea drop objections
NEWS: Resist urge to build new coal-fired plants now, or strand more assets later, Angel Gurria tells countries
NEWS: Disasters will be more frequent and complex across even the most advanced economies, warns OECD report
Fossil fuel subsidies and pricing carbon fundamental to cutting global greenhouse gas emissions says Angel Gurria
The OECD, a club of the world’s richest countries, says members failing to prevent dangerous climate change, despite efforts to rein in pollution
Heavyweights of world finance have fired warning shots at the fossil fuel industry by calling for cutbacks in its subsidies
Head of Organisation for Economic Co-operation and Development says concerted action from rich nations is urgent
Morning summary: OECD head to address climate change in speech; South Korea and China discuss climate cooperation; and World Bank and IMF heads discuss climate finance